Fifty Thousand Homes

London is one of the world’s leading cities, giving the UK a place on the global stage and acting as a gateway to investment across the country.

But the capital has a serious housing shortage that is starting to limit its competitiveness.

Substantial increases in house prices and rental costs mean people from all walks of life are struggling to find accommodation.

London First has initiated a business-led campaign, Fifty Thousand Homes, to double house building in London by the end of the next Mayoralty in 2020, to protect and enhance the capital’s competitiveness as a global city.

The campaign was set up with the support of CBI London, FSB London, Shelter and others.